Rockville, US, 2018-Apr-16 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Automotive Windshield Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global automotive windshield market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

Automotive windshield protect drivers as well as passengers in vehicles from pollution, dust, sunlight, and wind from entering the vehicle cabin. Windshields are designed for supporting the vehicle structure, and are attached to vehicles by the help of polyurethane adhesives. Safety glass is used for production of automotive windshields, as it resists shattering and minimizes risks of harmful injuries.

The automotive windshield market is expected to grow from almost US$ 14 billion in 2017 to approx. US$ 18 billion in 2022.

PC Segment Has Most Scope in Automotive Windshield Market

The passenger car segment is predicted to be worth largest market valuation by end 2022, and will witness steady growth over the forecast period. The PC segment accounts for a large revenue share by vehicle type in the automotive windshield market and APEJ contributes nearly half. The LCV segment is somewhat less attractive but it still represents a lucrative market opportunity at the end of the forecast period. Key stakeholders would do well to focus on the Europe LCV segment along with APEJ as the former should record a moderate CAGR and will surpass billion-dollar value at the end of the five-year period.

Smaller Potential in HCV Segment ofAutomotive Windshield Market

The HCV segment is much smaller than either the PC or LCV segment in the Automotive Windshield Market but it would be foolhardy to overlook it entirely in favour of the latter two as it is a market of roughly US$ 1.7 billion in 2017 itself. The fast-growing, dynamic APEJ region is anticipated to account for the largest contribution of a little less than half of global market throughout the forecast period and the APEJ HCV market could touch a billion-dollar value by end 2022 which would be an impressive growth in five years.

Target Glass over Polymer in the Automotive Windshield Market

Key stakeholders are advised to target glass over polymer in the Automotive Windshield Market as it is projected to grow at a steady CAGR. While APEJ is the largest regional contributor, Europe has a similar CAGR and can be attractive for those companies that seek to hedge their bets in the Automotive Windshield Market. The polycarbonate segment in the Automotive Windshield Market is much smaller in comparison and might only push past US$ 1.2 billion by the end of the study period. In the case of polycarbonate, North America may be a strong prospect as the continent is on track to record the highest CAGR.

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